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    614 N 37Th Ave N Myrtle Beach, SC 29577

    For Sale
    $1,200,000

    Apartments - Myrtle Beach, SC

    Days on Market:
    138
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 614 N 37Th Ave N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Smoke/Heat Detector
    Exterior features
    Smoke/Heat Detector

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Wall/Window Unit(s), Wall Unit(s)

    Building Details

    Year built
    1981
    Number of units
    8
    Building materials
    Brick, Brick Veneer
    Architectural style
    Other

    Own Myrtle Real Estate, LLC (843) 855-5570 [email protected]

    Listing agent Ester Esti Simantov (843) 855-5570

    Listing date Jul 21, 2025

    MLS# 2517667 Listing URL

    Copyright © 2025 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Myrtle Beach Investment Opportunity

    This property presents an investment opportunity with two buildings located in the heart of Myrtle Beach. The first building contains four units, each featuring two bedrooms and one bathroom. The second building, constructed in 1981, offers four units, each with two bedrooms and two bathrooms. All units are currently occupied by long-term tenants. Seven out of the eight units have been renovated with new cabinets, with the front building's renovations completed in 2023 and the back building's in 2024. All units also feature new flooring and updated plumbing. Ample parking is available at the front and back of the property, making this a potential passive investment in a thriving coastal market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Dental Office Spa & Massage Law Firm Hair Salon Realty agency Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.8608666
    Latitude
    33.7180641

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    FAQs

    What type of property is this?
    Apartment building - Two buildings with renovated units, ideal for steady cash flow.
    Where is this apartment building located?
    The property is located at 614 N 37Th Ave N Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Steady cash flow and strong ROI from 8 fully rented units.; - Prime Myrtle Beach location in a thriving coastal market.; - Seven out of eight units recently renovated (2023/2024) with **new cabinets, flooring, and updated plumbing.**
    (843) 855-5570
    Request Owner's contact information
    614 N 37Th Ave N Myrtle Beach, SC 29577
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    Myrtle Beach, SC 29577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    614 N 37Th Ave N Myrtle Beach, SC 29577
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